Commerce Lexington Inc
TO REPRESENT OUR MEMBERS, CREATING THE ENVIRONMENT AND OPPORTUNITY FOR ECONOMIC PROSPERITY AND QUALITY LIVING IN CENTRAL KENTUCKY.
Key facts about Commerce Lexington Inc
- EIN
- 61-0258800
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $433,655
- Grants made (2024)
- 1
- Average grant
- $433,655
- Median grant
- $433,655
- Total assets
- $6,076,860
- Primary geography
- Kentucky (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Next steps with Commerce Lexington Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.1M
-14.8% YoY
Annual Giving
$434K
Grant Count
1
Avg Grant Size
$434K
About Commerce Lexington Inc
Based on IRS filings
Commerce Lexington Inc is a nonprofit organization, based in Lexington, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 1 grant totaling $434K. Net investment income was $121K.
Ready to take the next step with Commerce Lexington Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,076,860 | $7,136,220 | $6,824,695 |
| Revenue | $4,806,508 | $4,585,100 | $4,156,532 |
| Expenses | $5,393,020 | $4,655,848 | $4,303,935 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $121,438 | $94,283 | $27,701 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
4 open opportunities from Commerce Lexington Inc
Salute to Small Business Awards - Business Success Award
Commerce Lexington Inc
Amount
Varies
Deadline
Rolling / Open
Salute to Small Business Awards - Entrepreneur Award
Commerce Lexington Inc
Amount
Varies
Deadline
Rolling / Open
Salute to Small Business Awards - Minority Business Award
Commerce Lexington Inc
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Commerce Lexington Foundation Inc ($433,655).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMERCE LEXINGTON FOUNDATION INC Lexington, KY | DONATION TO ASSIST WITH CREATION OF ENTITY | $433,655 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert L Quick | President & CEO | 40 | $252,769 |
| Keeana Boarman | General Counsel | 1 | — |
| Cassidy Rosenthal | Immediate Past Chair | 1 | — |
| Debbie Smith | Treasurer | 1 | — |
| Branden Gross | At-Large Member | 1 | — |
| Carla Blanton | Board Chair-Elect | 1 | — |
| Luther Deaton | Vice Chair, Economic Development | 1 | — |
| Daryl Smith | At-Large Member | 1 | — |
| Toa Green | Vice Chair, Leadership Development | 1 | — |
| Stephanie Bell | At-Large Member | 1 | — |
| Larry Forester | Vice Chair, Community & Minority Business Developm | 1 | — |
| Nick Nicholson | Vice Chair, Public Policy & Regional Engagement | 1 | — |
| Kevin Atkins | Lfucg Representative | 1 | — |
| John Mahan | Regional Representative | 1 | — |
| Tucker Ballinger | Vice Chair, Business & Education Network | 1 | — |
| Danny Murphy | Vice Chair, Membership and Engagement | 1 | — |
| Jonathan Caldwell | Vice Chair, Communications | 1 | — |
| Steve Byars | Board Chair | 1 | — |
| Gina Greathouse | Executive Vice President | 40 | $166,063 |
| Lynda Bebrowsky | Executive Vice President, | 40 | $135,929 |
| Andi Johnson | Chief Policy Officer & Dir | 40 | $151,825 |
| Tyrone Tyra | Senior Vice President, Com | 40 | $126,720 |
| Lisa D Mahan | Vice President of Strategic Partnerships | 40 | $127,152 |
Frequently Asked Questions
How large is Commerce Lexington Inc?
As of 2024, Commerce Lexington Inc holds $6.1M in total assets with $4.8M in annual revenue. It awarded 1 grant totaling $434K in 2024.
Where does Commerce Lexington Inc operate?
Commerce Lexington Inc has awarded grants in Kentucky.
What size grants does Commerce Lexington Inc award?
In 2024, Commerce Lexington Inc awarded 1 grant totaling $434K — an average of about $434K per grant, based on its IRS Form 990 filings.
What is Commerce Lexington Inc's EIN?
Commerce Lexington Inc's EIN (Employer Identification Number) is 61-0258800. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.